PETALING JAYA: Members of the Master Builders Association of Malaysia (MBAM) and its affiliates want the government to address the impact of the 0.5% ad valorem stamp duty imposed by the government on construction contracts."Before the ruling came into effect on Jan 1, 2009, contractors only needed to pay a flat stamp duty of RM10 per contract.

KUALA LUMPUR: The Real Estate and Housing Developers' Association Malaysia (Rehda) with Rehda Wilayah Persekutuan (KL) and Selangor is organizing its second Klang Valley Mapex 2009 (Mapex 2009) property exhibition with the theme, "Go Green" from July 31 to Aug 2, 2009.

Weaker market sentiment as demonstrated by fewer enquiries for space as well as in some cases the easing of rents, and a cautious stance towards new developments best sum up the present mood in the commercial property market.Even property players would concede that while the sluggish market sentiment as a result of the global financial crisis has been felt across all sectors of the property mar

It has been said that we do not inherit the earth from our ancestors, we borrow it from our children. But in what condition will this world be when we hand it over to future generations?Towards the end of the last century, the energy and transport sectors were identified as the two main culprits responsible for the degradation of our environment.

With chronic traffic congestion, flash floods, lack of green living initiatives, and other inadequacies, Kuala Lumpur hardly fits the profile of a “world-class” city.

In a market slowdown, astute businessmen will have to think out of the box and come up with innovative business strategies to persuade potential buyers to part with their cash.In the case of boutique developers, the challenge becomes more daunting as the hefty premium that their projects command may end up being a millstone around their necks as demand dries up.

Receiving regular rental income as a landlord is the dream of many property investors. But that dream can easily turn into a nightmare.

Enhancing core business strategies  Following weeks and repeated rounds of explanation and clarification, the uproar provoked by two news items on Sime Darby is abating. First, it was the conglomerate’s interest in taking over Institut Jantung Negara (IJN).

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